Ofgem

✋ Need support managing your energy this winter? Sign up to the Priority Services Register for extra help Help can vary based on your personal circumstances and your supplier but could include what we cover in the video below - and more! More details here👇 http://ow.ly/ommW50M33mp

💡 Being Energy efficient in the workplace could go a long way to reducing your business' energy bill. Here are a few tips that could help your business to be more energy efficient: 💡 Upgrade to LED bulbs 🌆 Turn off the lights 🌡️ Control the temperature 🖨️ Go paperless 🖥️ Shut computers down after use For more energy advice on energy saving for your business follow the link⬇️ https://ow.ly/s39g50SwJ6r

This morning, members of our executive board visited the Fuel Bank Foundation at Queensborough Community Centre on the Scovell Estate in Southeast London. Fuel Bank Foundation is the only UK charity to focus on the challenges of people living in fuel crisis.   Given Ofgem’s emphasis on supporting vulnerable consumers and the issue of forced prepayment meter installation in recent years, this visit offered a valuable chance for Ofgem decision makers to explore the support that is available to energy consumers, gain insight into the consumers ‘lived experience’ and directly understand FBF’s efforts to address the issue of fuel crisis.   We would like to thank those who took time out of their days to host us and explain the issues that they are facing and look forward to working with them in the future to better support energy consumers.

🆕 #opendata set alert from UK Power Networks. 🔔   ⚡ We’ve made planning your electricity usage simple! 🔌 From installing EV charge points to heat pumps, stakeholders can now see which secondary substation is feeding their area with our new secondary substation feeding map. This is now published for the 71,000+ unredacted sites across our entire network.    🤝 Special credit to Geoff Crollie for network tracing to even make this possible. Credit to Yiu-Shing Pang, Harshil Sumaria, Rebecca Flack and Mollie Purser for manipulating and publishing this dataset as well as to the excellent engineers who install LV monitoring equipment to provide visibility of our networks.

The quarterly energy Price Cap has changed from 1 Jul 24 The new #PriceCap is £1,568 The level is based on typical use of an average household on their supplier’s standard default tariff It's a cap on energy unit price, not a cap on total bills More ⬇️ https://ow.ly/X68i50SrvMT

Energy bills are made up of a number of costs    They include:  ⚡ Wholesale costs  🔌 Network costs  🌳 Social and environmental obligations  🏭 Supplier costs and margin  💷 Taxes, like VAT    The cost is broken down below or follow the link for more ⬇️ https://lnkd.in/eTXDsbGF

From 1 July 2024 Price Cap average direct debit unit rates for energy:    ELECTRICITY  Unit rate: 22.36p per kWh  Standing charge: 60.12p per day    GAS  Unit rate: 5.48p per kWh  Standing charge: 31.41p per day    These are caps on unit rates plus the standing charge (not a cap on total bills) For more details ⬇️ https://lnkd.in/eXNG8Fgq

The quarterly energy Price Cap will change from 1 July 2024. The new #PriceCap is £1,568 The level is based on the typical use of an average household on a supplier’s standard default dual fuel tariff. The price cap reflects the cost of supplying energy to our homes and sets a maximum amount suppliers can charge per unit of energy bought on the global wholesale market. It's a cap on the energy unit price suppliers can charge, not a cap on our total bills. If you use more, you will pay more. More on how this might affect you ⬇️

Sinead Murray, General Counsel here at Ofgem, shares a look into into the world of a general counsel.

We're hiring. Are you a puzzle solver, able to navigate conflicting priorities with sensitivity but never losing focus on the bigger picture or compromising standards? We're looking for an experienced Diary Manager to play a vital role at the very centre of Ofgem. Follow the link to apply 👇 https://ow.ly/7gUB50RMRaI